C3.ai, Inc. (NYSE: AI) experienced a significant 24-hour plunge of 10.48% in night session trading, as artificial intelligence and technology stocks faced heavy selling pressure. The sharp decline comes amid a broader market selloff, with US stock futures tumbling and Nasdaq 100 futures falling 4%.

The rout in AI-related stocks was particularly severe, with several companies in the sector seeing substantial losses. BigBear.ai fell over 13%, while other prominent AI and tech firms like Palantir and Super Micro saw declines of around 9%. This sector-wide downturn has evidently impacted C3.ai, a leading enterprise AI software provider, as investors reassess their positions in high-growth technology stocks.

The market turmoil appears to be fueled by ongoing concerns about international trade tensions and their potential impact on the technology sector. As semiconductor shares also tumbled, with some experiencing drops of up to 15%, the ripple effect has spread to AI companies that rely heavily on advanced computing capabilities. C3.ai's significant price movement reflects the heightened volatility and uncertainty currently gripping the AI and broader technology market.